Posted inMoney

American Airlines makes a drastic cut to profit forecast as fuel prices soar

New York (CNN) — American Airlines said that rising costs, including fuel, will dent its upcoming profits. The Forth Worth-based carrier said in a regulatory filing that its adjusted earnings per share will now be between 20 cents to 30 cents in the third quarter, which is drastically smaller than the 95 cents a share the airline was previously […]

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